By Micah Maidenberg
SpaceX told employees it is preparing for a potential public offering next year, confirming a potential listing for a company that has built formidable rocket and satellite businesses since Elon Musk founded it in 2002.
"The thinking is that if we execute brilliantly and the markets cooperate, a public offering could raise a significant amount of capital, " Bret Johnsen, the company's finance chief, wrote Friday in a message to SpaceX staff.
Johnsen said that whether a listing would happen and when it might take place were "highly uncertain," according to the message, a copy of which was reviewed by The Wall Street Journal. He didn't discuss a valuation the company could target in an IPO.
SpaceX didn't immediately respond to requests for comment.
The Journal and other news outlets reported the Texas-based company was weighing a public offering in 2026.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
December 12, 2025 20:14 ET (01:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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